Whatever the cause, the rush of resignations is accelerating: A record 4.3 million people — about 2.9 percent of the nation’s workforce — quit in August, according to Labor Department data released Tuesday. In September, the nation’s jobless rate fell to a pandemic low of 4.8 percent, but the decline was partly driven by people leaving the labor force. What’s more, Gallup data shows, nearly half of American workers are actively searching for new opportunities.
Here’s what you need to know about the “Great Resignation” — and what to consider before joining in.
What to know
- Who is driving the Great Resignation?
- Why are so many workers leaving?
- What does this mean for the economy?
- How do I know whether it’s time to leave?
- How do I exit gracefully?